Oil rallies after Putin calls up reservists and warns he is not bluffing – The National

Oil rallies after Putin calls up reservists and warns he is not bluffing – The National

Oil prices rallied on Wednesday after Russian President Vladimir Putin said his country was calling up its army reserves in a “partial mobilisation” before referendums in occupied regions in Ukraine.

He vowed that Russia would use “all means at its disposal” if Russia's territorial integrity was threatened.

“This is not a bluff,” Mr Putin said.